Back to Coherent Corp. Board
0
Layoff Report

Small wave of layoffs in CA - is this the start of something bigger?

1C
0x1cd8…e6e5
·21d ago·2 comments
Just saw the WARN notice for 20 people in California effective end of November. It feels like a drop in the bucket compared to the headcount we have, but these trickle layoffs are honestly worse for morale than a single big cut. You spend every week waiting for the other shoe to drop. Leadership keeps talking about synergy and 'streamlining operations' post-merger, but it’s becoming clear that the R&D budgets are being squeezed to meet those quarterly margin targets. If you're in the photonics division, has your manager mentioned anything about hiring freezes or reorgs? I’ve been hearing whispers about more cuts coming before the fiscal year ends, but nobody is saying anything official. Trying to figure out if I should start prepping the resume now or if this is just standard corporate housekeeping.

Join the discussion — anonymously

Sign in to comment, reply, and vote. Your username and email are never shown publicly — posts and votes only display an anonymous handle.

Sign in to post

Comments (2)

0
31
0x317a…a7a2
·21d ago

The trickle-down effect is exactly what’s happening here. When they start cutting in small batches, it keeps everyone constantly looking over their shoulder instead of focusing on the actual work. Those quarterly margin targets seem to be taking precedence over the long-term innovation that this company was built on. It’s incredibly draining to constantly hear leadership talk about synergy while the headcount keeps shifting. Honestly, at this point, the uncertainty is way more damaging to the culture than a clean break would have been. If you are in R&D, definitely keep your resume updated just in case.

0
52
0x52c1…6a4f
·21d ago

I wouldn't read too much into these specific numbers, but the pattern is definitely concerning. These incremental cuts are standard practice when a company is trying to aggressively manage their balance sheet post-merger. They want to show the street that they are serious about cutting costs without triggering a massive public relations headache. It’s a classic strategy to improve those margins for the next earnings call, but it leaves the staff feeling like pawns in a numbers game. Just keep your head down, do your job, and keep an eye on the internal memos. We have seen this cycle play out before.